Track market-moving stories before they get noisy

Array Digital Infrastructure (AD - Free Report) came out with quarterly earnings of $2.08 per share, missing the Zacks Consensus Estimate of $5.74 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -63.76%. A quarter ago, it was expected that this wireless telecommunications service provider would post earnings of $0.32 per share when it actually produced earnings of $0.48, delivering a surprise of +50%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Array Digital, which belongs to the Zacks Wireless National industry, posted revenues of $52.01 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 7.23%. This compares to year-ago revenues of $891 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Array Digital shares have lost about 8.1% since the beginning of the year versus the S&P 500's gain of 7.2%.

What's Next for Array Digital?While Array Digital has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Array Digital was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.60 on $56.1 million in revenues for the coming quarter and $6.84 on $204.63 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Wireless National is currently in the bottom 29% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, Ondas Holdings Inc. (ONDS - Free Report) , has yet to report results for the quarter ended March 2026. The results are expected to be released on May 14.

This company is expected to post quarterly loss of $0.03 per share in its upcoming report, which represents a year-over-year change of +80%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Ondas Holdings Inc.'s revenues are expected to be $39.57 million, up 831.1% from the year-ago quarter.

May 11, 2026 08:30 ET  | Source: Array Technologies, Inc.

ALBUQUERQUE, N.M., May 11, 2026 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology and fixed-tilt products, foundation solutions, software systems and services, today announced that members of its senior management team are scheduled to participate in the following investor conferences in May and June.

J.P. Morgan Global Technology, Media and Communications Conference in Boston
Attendees: Neil Manning, President & COO, Nick Strevel, Chief Product Officer, and Investor Relations
May 18, 2026

Neil Manning will be participating in a webcast fireside chat at the J.P. Morgan Global Technology, Media, and Communications Conference. A real-time audio webcast of the presentation can be accessed at https://ir.arraytechinc.com and a replay of the webcast will also be available for 30 days following the fireside chat.

ROTH Conference in London
Attendees: Kevin Hostetler, CEO, Neil Manning, President & COO, and Investor Relations
June 17, 2026

J.P. Morgan Natural Resources Conference in New York
Attendees: H. Keith Jennings, CFO, and Investor Relations
June 23, 2026

Management will be conducting meetings with investors in attendance at all conferences. Interested investors should contact their J.P. Morgan and ROTH representatives.

About ARRAY Technologies, Inc.

ARRAY Technologies, Inc. (NASDAQ: ARRY) is a leading global provider of solar tracking technology and fixed-tilt systems to utility-scale and distributed generation customers, who construct, develop, and operate solar PV sites. With solutions engineered to withstand the harshest weather conditions, ARRAY’s high-quality solar trackers, fixed-tilt systems, software platforms, foundation solutions, and field services combine to optimize energy production and deliver value to our customers for the entire lifecycle of a project. Founded and headquartered in the United States, ARRAY is rooted in manufacturing and driven by technology - relying on its domestic manufacturing, diversified global supply chain, and customer-centric approach to design, deliver, commission, train, and support solar energy deployment around the world. For more news and information on ARRAY, please visit arraytechinc.com.

Investor Relations Contact:         

ARRAY Technologies, Inc.
Investor Relations
505-437-0010
[email protected]

ARLINGTON, Va.--(BUSINESS WIRE)--The Department of War (DoW) Test Resource Management Center (TRMC) has awarded AeroVironment (“AV”) (NASDAQ: AVAV), the leader in all-domain defense technologies, a three-year, $43M contract to integrate its PANTHER (Phased Array Next-gen Telemetry Hypersonic Emitter Receiver) phased array antenna system on DoW SkyRange platforms. This program will enhance the nation's weapons testing capabilities and accelerate testing timelines by delivering rapidly deployable antenna systems to track multiple targets simultaneously.

PANTHER creates a scalable, reconfigurable antenna that supports multi-band, multi-target tracking for various missions and test scenarios.

Share “As near-peer threats evolve and global tensions rise, our country is developing the technologies required to maintain military dominance–and the next-generation tracking and telemetry tools to support them,” said Mary Clum, President of AV’s Space, Cyber & Directed Energy segment. “Alongside our customers at TRMC and across the War Department, AV is transforming the nation’s security testing infrastructure with defense tech innovation to address growing threats.”

PANTHER creates a scalable, reconfigurable antenna that supports multi-band, multi-target tracking for various missions and test scenarios. The all-digital framework facilitates autonomous operation along with remote access and control. PANTHER is agile, modular, and platform agnostic–delivering a significant increase in efficacy with a reduced footprint as compared to traditional parabolic dish systems currently used to test long-range missiles. Integrating PANTHER on DoW SkyRange platforms provides a mobile, rapidly deployable air-based solution to track multiple targets.

SkyRange is a DoW TRMC initiative that leverages high-altitude, long-endurance unmanned aircraft outfitted with advanced telemetry, communications, and data-collection payloads to create a more flexible, airborne test infrastructure.

“PANTHER provides a reliable, efficient method for gathering the critical data needed for long-range missile testing,” said Dr. Satya Ponnaluri, Vice President of Hypersonic RF and Radar at AV. “Ultimately, this multi-band, multi-target tracking technology will allow for more frequent testing cycles and faster weapons development timelines for our nation–neutralizing global threats and maintaining our strong national security posture.”

This program builds upon AV’s proven experience in delivering transformative testing capabilities–drastically reducing technical risks, development costs, and delivery timelines. AV continues to integrate PANTHER on DoW SkyRange platforms at GrandSKY in Grand Forks, North Dakota. The team is collaborating with the state of North Dakota and Bismarck State College to develop a certification program that will train technicians and build a highly-skilled workforce pipeline in support of PANTHER operation and maintenance at GrandSKY.

About AV

AV (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo™, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties, which could cause actual results to differ materially. Factors that may cause such differences include, but are not limited to, our ability to perform under existing contracts and obtain new ones; regulatory changes; competitor activities; market growth; product development challenges; and general economic conditions. For a more detailed discussion of these risks, please refer to AeroVironment’s filings with the Securities and Exchange Commission. We undertake no obligation to update forward-looking statements as a result of new information or future events.

, /PRNewswire/ -- Stockholder litigation firm Kaskela Law announces that it is investigating Array Digital Infrastructure, Inc. (NYSE: AD) ("Array") on behalf of the company's investors.  

Click here for additional information: https://kaskelalaw.com/case/array-digital/

The investigation seeks to determine whether Array and/or the company's officers and directors violated the securities laws or breached their fiduciary duties in connection with recent corporate actions.

Since August 2025, shares of Array's common stock have declined in value from a trading price of over $70.00 per share to a current price of approximately $55.00 per share – a cumulative decline of over 21% in value.

Array shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 - 0750 for additional information about this investigation and their legal rights and options.

Alternatively, investors may submit their information to the firm by clicking on the following link (or if necessary, by copying and pasting the link into your browser):

https://kaskelalaw.com/case/array-digital/

ABOUT KASKELA LAW:  

Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis, which means that the firm's clients never pay any out-of-pocket costs for legal representation. For additional information about Kaskela Law LLC, including the firm's recent notable recoveries for investors, please visit www.kaskelalaw.com.

KASKELA LAW LLC
D. Seamus Kaskela, Esq.
([email protected])
Adrienne Bell, Esq.
([email protected])
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(484) 229 - 0750
(888) 715 - 1740
www.kaskelalaw.com

This communication may constitute attorney advertising in certain jurisdictions.  

SOURCE Kaskela Law LLC

Array Technologies, Inc. (ARRY) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript

ALBUQUERQUE, N.M., June 01, 2026 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology and fixed-tilt products, foundation solutions, software systems and services, today announced an enhanced version of its ARRAY OmniTrack® terrain-following tracker that offers increased flex capability of up to 2° between adjacent posts.

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.

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What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.

Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.

VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.

Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.7% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.

That's where the Style Scores come in.

You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.

As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.

For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Array Technologies, Inc. (ARRY - Free Report) Boulder, CO-based Array BioPharma is a biopharmaceutical company focused on the discovery, development and commercialization of targeted small molecule drugs for treating cancer and other high-burden diseases. The company has one marketed combination therapy in its portfolio – Braftovi (encorafenib) plus Mektovi (binimetinib). The therapy is approved for treating unresectable or metastatic melanoma with a BRAF V600E or V600K mutation. The company is also conducting label expansion studies for the combination therapy.

ARRY is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.

It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 11.3; value investors should take notice.

For fiscal 2026, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.08 to $0.72 per share. ARRY boasts an average earnings surprise of +87.3%.

With a solid Zacks Rank and top-tier Value and VGM Style Scores, ARRY should be on investors' short list.

On May 18, 2026, Enphase Energy Inc ENPH shares fell 6.0% to a current price of $49.69. This decline comes despite a strong recent performance, with the stock up 32.0% over the past week and 53.0% over the past month. Over the last year, the shares have seen a slight decline of 1.4%, while they have experienced a volatility range with a 52-week high of $53.89 and a low of $25.78.

GF Value™ verdict: Current price of $49.69 is 22.0% below GF Value™ of $63.69.GF Score™: 75/100, indicating above-average potential for long-term returns.Most notable signal: Insider activity shows that insiders sold $6.0M in the last 3 months, with no buying reported. Is ENPH Overvalued or Undervalued? Enphase Energy Inc ENPH currently trades at $49.69, which is substantially below its GF Value™ of $63.69, indicating that the stock is 22.0% undervalued. This suggests a potential margin of safety for investors who may be looking for opportunities in the renewable energy sector. The GF Valuation label categorizes the stock as "Modestly Undervalued," highlighting the potential for future price appreciation, though caution is advised given the recent insider selling.

GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. With the current price sitting below the calculated fair value, there appears to be an opportunity for investors. However, the lack of insider buying may raise some concerns about the company’s short-term outlook and future performance.

How Does ENPH's Valuation Compare to Its History? MetricCurrentHistorical P/E (TTM)49.2x75.9x Forward P/E24.5x- The current P/E (TTM) for Enphase Energy Inc is 49.2x, which is significantly below its 5-year median P/E of 75.9x. The forward P/E of 24.5x also indicates a potential for future growth at a lower valuation compared to its historical performance. This P/E analysis aligns with the GF Value™ verdict of being undervalued, suggesting that ENPH is trading below its historical valuation metrics, indicating a potential opportunity for long-term investors.

What Does ENPH's GF Score™ Tell Us? MetricRating GF Score™75/100 Financial Strength7/10 Profitability7/10 Growth3/10 Valuation10/10 Momentum5/10 The GF Score™ of 75/100 highlights that Enphase Energy Inc has above-average potential for long-term returns based on its financial strength, profitability, and valuation metrics. The strongest areas are its financial strength and profitability, both rated at 7/10, indicating a solid foundation. However, growth is a weaker area with a score of 3/10, suggesting that while the company is well-positioned financially, it may face challenges in achieving significant growth.

What Are Insiders Doing with ENPH Stock? In the past three months, insiders have sold $6.0 million worth of shares in Enphase Energy Inc, with no recorded insider buying during this period. This pattern of selling might suggest a lack of confidence among insiders regarding the stock’s short-term prospects, which can be a red flag for potential investors. Such actions can influence market perception and may warrant caution when considering future investment in the stock.

What This Means for Investors Based on the current valuation metrics and the GF Value™ assessment, Enphase Energy Inc is considered modestly undervalued. The current price of $49.69 presents a potential opportunity for investors, although the recent insider selling and lower growth score should be taken into account. Potential investors should weigh these factors carefully when evaluating their investment strategy.

For the complete analysis, visit the Enphase Energy Inc ENPH stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is ENPH's GF Score™?

ENPH has a GF Score™ of 75/100, indicating above-average potential for long-term returns based on its financial metrics.

Is ENPH overvalued or undervalued?

ENPH is currently considered undervalued with a GF Value™ of $63.69 compared to its current price of $49.69, reflecting a 22.0% upside potential.

What is ENPH's P/E ratio?

ENPH's P/E (TTM) is 49.2x, which is significantly below its 5-year median P/E of 75.9x, indicating that it is currently trading at a lower valuation compared to its historical performance.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

FREMONT, Calif., May 21, 2026 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, today published a technical white paper titled “Enphase Adoption of GaN Bi-Directional Switch Technology for Distributed Power Electronics.” The paper provides an engineering view of Enphase’s adoption of Gallium Nitride High Electron Mobility Transistor Bi-Directional Switch technology, or GaN HEMT BDS (also referred to as GaN BDS), and explains how the technology is expected to support Enphase’s next generation of distributed power electronics products. The white paper is available here.

Wide bandgap semiconductors are becoming increasingly important across power electronics. Silicon carbide is widely used in high-power electric vehicle (EV) and industrial systems, while GaN has gained traction in compact smartphone and laptop chargers. The Enphase white paper focuses on a specialized form of GaN, the monolithically integrated GaN BDS, and explains why it is well suited to Enphase’s modular, high-frequency, distributed power conversion architecture.

Enphase’s adoption of GaN BDS began with the IQ9™ Series Microinverters for both commercial and residential solar applications. The technology is designed to enable higher switching frequency, improved efficiency, higher power density, and broader AC operating voltage capability for 480 VAC three-phase commercial applications in the United States.

Conventional bi-directional switches typically use two back-to-back unidirectional power transistors. A monolithically integrated GaN BDS uses a single device structure to block voltage in either direction. This approach can reduce semiconductor die area, gate charge, component count, and cost compared with conventional back-to-back switch implementations. The white paper details how these device-level advantages translate into system-level benefits for Enphase products.

“GaN BDS is an important technology step for Enphase,” said Raghu Belur, co-founder and chief product officer at Enphase Energy. “It helps us push more power through smaller, more efficient, and more cost-effective distributed power converters while staying true to our core architecture. This white paper explains why the technology is a strong fit for our roadmap across microinverters, batteries, EV charging, and AI data center power systems.”

The paper highlights four technical advantages of GaN BDS technology:

Higher efficiency: GaN BDS devices reduce switching and gate-drive losses, helping improve power conversion efficiency.Higher switching frequency: Lower gate charge and high-frequency operation help reduce the size of magnetics and passive filter components.Expanded voltage capability: GaN BDS technology supports higher AC operating voltages, including commercial three-phase grid applications.Cost advantage: The monolithic bi-directional switch structure can reduce semiconductor die area and cost compared with conventional back-to-back switch implementations. In addition to IQ9 Series Microinverters, the paper describes how GaN BDS technology is expected to support Enphase’s Microinverter platform, next-generation battery systems, IQ® Bidirectional EV Charger, and the IQ® Solid-State Transformer (IQ SST) for AI data center power infrastructure. For the IQ SST, the power module is expected to use higher-voltage GaN BDS and GaN uni-directional switch devices as part of Enphase’s distributed architecture for supporting 800 VDC and ±400 VDC power systems.

The white paper also describes Enphase’s work with semiconductor partners to advance GaN BDS technology from early prototypes to commercially available devices. Available here, the paper discusses substrate management circuits, industry-standard packaging, surge robustness, long-term reliability, and the respective roles of GaN and SiC in power conversion.

About Enphase Energy, Inc.

Enphase Energy, a global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems, EV chargers, home energy management systems, and virtual power plant (VPP) solutions. Enphase products enable people to harness the sun to make, use, save, and sell their own power, all controlled through the Enphase App. The company revolutionized the solar industry with its microinverter-based technology and has shipped approximately 87.8 million microinverters, with more than 5.2 million Enphase-based systems deployed in over 165 countries. For more information, visit https://enphase.com/.

©2026 Enphase Energy, Inc. All rights reserved. Enphase Energy, Enphase, the “e” logo, IQ, and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks or service marks of Enphase Energy, Inc. Other names are for informational purposes and may be trademarks of their respective owners.

Forward-Looking Statements

This press release may contain forward-looking statements, including statements related to the expected capabilities, features, performance, efficiency, reliability, voltage capability, cost advantages, architecture, functionality, and benefits of GaN HEMT BDS technology and GaN HEMT Uni-Directional Switch technology in Enphase products; Enphase Energy’s ability to support Enphase’s next generation of distributed power electronics products; the expected capabilities and performance of IQ9 and IQ10 Series Microinverters; the expected use of GaN technology in Enphase battery storage systems, bi-directional EV chargers, and the IQ Solid-State Transformer; the expected ability of GaN technology to support higher switching frequency, higher power density, improved efficiency, expanded operating voltage, reduced semiconductor die area, reduced component size, reduced cost, improved surge robustness, and increased reliability; and Enphase Energy’s expectations regarding the suitability of GaN technology for commercial and industrial solar, battery storage, EV charging, and AI data center power infrastructure. These forward-looking statements are based on Enphase Energy’s current expectations and assumptions and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties. Such risks include, but are not limited to, technological development and validation risks; semiconductor supply availability and qualification timing; the ability to achieve targeted performance, efficiency, reliability, voltage, and cost metrics at scale; customer acceptance and adoption of new power semiconductor architectures; competitive dynamics; supply chain availability and costs; execution risks related to new product development and new market entry; and other factors discussed in Enphase Energy’s filings with the Securities and Exchange Commission, including those risks described in more detail in Enphase Energy’s most recently filed Annual Report on Form 10-K and Quarterly Report on Form 10-Q, and other filings made from time to time with the Securities and Exchange Commission. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, or changes in its expectations, except as required by law.

Contact:

Enphase Energy
[email protected]

On May 26, 2026, Enphase Energy Inc ENPH shares rose 4.5%, closing at $66.90. This move comes amid a remarkable price performance, with shares rising 43.1% over the past week and 87.0% over the last month. The stock has traded within a 52-week range of $25.78 to $68.90.

GF Value™ verdict: The current price of $66.90 is 5.4% above the GF Value™ estimate of $63.46, indicating the stock is overvalued.GF Score™: With a score of 79/100, ENPH is rated as Above Average, suggesting strong potential for long-term returns.Most notable signal: Insiders have sold $6.0 million worth of shares in the last three months, indicating a lack of confidence among company insiders. Is ENPH Overvalued or Undervalued? Enphase Energy Inc ENPH is currently trading at $66.90, which is 5.4% above its GF Value™ estimate of $63.46. This indicates that the stock is overvalued at its current price. Investors may want to be cautious, as buying at overvalued levels can lead to potential losses if the market corrects itself. The GF Valuation label indicates that the stock is fairly valued based on its historical performance and future growth projections. However, being above the estimated fair value presents a risk for investors if the company does not meet the high expectations priced into the stock.

GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.

How Does ENPH's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 66.2x 75.8x Forward P/E 33.2x N/A Currently, ENPH's P/E (TTM) of 66.2x is 13% below its 5-year median P/E of 75.8x, indicating that the stock is trading below its historical valuation. This P/E analysis aligns with the GF Value™ verdict that suggests the stock is overvalued, as even with a lower P/E ratio compared to its historical averages, the current price exceeds the intrinsic value estimate.

What Does ENPH's GF Score™ Tell Us? The GF Score™ ranks stocks from 0 to 100 based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. Stocks with higher GF Score™ values have been found to generate higher long-term returns (backtested 2006-2021).

Metric Rating GF Score™ 79/100 Financial Strength 7/10 Profitability 8/10 Growth 3/10 Valuation 9/10 Momentum 8/10 The GF Score™ of 79/100 indicates that Enphase Energy Inc is performing well overall, particularly in terms of Valuation (9/10) and Profitability (8/10). However, the Growth ranking at 3/10 suggests that the company may face challenges in maintaining high growth rates moving forward. The strong Valuation score indicates that while the stock may have good fundamentals, the current market price may not reflect that strength accurately.

What Are Insiders Doing with ENPH Stock? Insider activity for Enphase Energy Inc has shown a significant selling trend, with insiders selling a total of $6.0 million worth of shares in the last three months. This pattern may suggest a lack of confidence in the company's near-term performance or potential valuation, as insiders typically have a good insight into the company's prospects. The absence of any insider buying further emphasizes caution among those closest to the company.

What This Means for Investors Based on the GF Value™ analysis, Enphase Energy Inc ENPH is currently considered overvalued. The current price exceeds the intrinsic value estimate, indicating potential risks for investors if the stock does not deliver on growth expectations. Caution is advised for those considering an investment at this level.

For the complete analysis, visit the Enphase Energy Inc ENPH stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is ENPH's GF Score™?

ENPH has a GF Score™ of 79/100, indicating that it is rated as Above Average, suggesting strong potential for long-term returns.

Is ENPH overvalued or undervalued?

ENPH is currently overvalued, with a GF Value™ estimate of $63.46 compared to its current price of $66.90.

What is ENPH's P/E ratio?

ENPH's P/E (TTM) is 66.2x, which is 13% below its 5-year median of 75.8x, indicating that it is trading below its historical valuation.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

On May 27, 2026, Enphase Energy Inc ENPH shares rose 5.0% to a current price of $70.28. This recent increase contributes to a remarkable year-to-date performance of 119.3%, reflecting a substantial recovery from a 52-week low of $25.78. The stock has also seen significant movement over the past month, gaining 99.4% and approaching its 52-week high of $72.70.

GF Value™ verdict: The current price is $70.28, which is 10.7% above the GF Value™ estimate of $63.46, indicating that the stock is overvalued.GF Score™: The stock has a GF Score™ of 78/100, which is considered above average, suggesting a solid overall performance in key financial metrics.Most notable signal: Insider activity shows that insiders bought $0.3 million worth of shares, but sold $6.0 million in the last three months, indicating a potential lack of confidence among insiders. Is ENPH Overvalued or Undervalued? Based on the current price of $70.28 compared to the GF Value™ of $63.46, Enphase Energy Inc appears to be overvalued by approximately 10.7%. This valuation indicates that there is a potential risk for investors, as the stock's price exceeds what is considered its intrinsic value. The GF Valuation classification labels the stock as "modestly overvalued," which suggests that while it has performed well in recent months, there may be limited upside potential relative to its estimated fair value.

GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. With the current valuation exceeding the GF Value™, investors may need to be cautious, as the risk of a price correction could loom if the stock does not continue to perform well in the coming months.

How Does ENPH's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 69.6x 74.0x (5-Year Median) Forward P/E 34.9x - The current P/E (TTM) ratio of 69.6x is slightly below the 5-year median P/E of 74.0x, indicating that the stock is trading at a lower multiple than it has historically. This P/E analysis somewhat agrees with the GF Value™ verdict of being modestly overvalued, as the historical data suggests that while the stock is not excessively high compared to its past, it remains elevated against its intrinsic value.

What Does ENPH's GF Score™ Tell Us? The GF Score™ ranks stocks from 0 to 100 based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. Stocks with higher GF Score™ values have been found to generate higher long-term returns (backtested 2006-2021).

Metric Rating GF Score™ 78 Financial Strength 7/10 Profitability 8/10 Growth 3/10 Valuation 7/10 Momentum 8/10 Enphase Energy's GF Score™ of 78 indicates a strong overall performance, particularly in the areas of Profitability (8/10) and Momentum (8/10). However, the Growth rank of 3/10 suggests that the company's growth prospects may not be as robust as those of its peers, which could be a concern for future performance. The Financial Strength and Valuation ratings are relatively solid, but the weaker growth score indicates potential challenges ahead.

What Are Insiders Doing with ENPH Stock? Recent insider activity for Enphase Energy shows that insiders purchased $0.3 million worth of shares while selling $6.0 million in the last three months. This pattern of selling significantly outweighs the buying, which may suggest a lack of confidence in the stock's future performance among those who are most familiar with the company. Such insider selling can be interpreted as a warning sign, indicating that insiders may believe the stock is overvalued at current levels.

What This Means for Investors Based on the analysis of GF Value™, Enphase Energy Inc is currently overvalued at a price of $70.28 compared to its estimated fair value of $63.46. The stock’s performance, while strong in recent months, raises concerns about its sustainability given the current valuation metrics and insider selling activity.

For the complete analysis, visit the Enphase Energy Inc ENPH stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is ENPH's GF Score™?

ENPH has a GF Score™ of 78/100, indicating above-average performance across key financial metrics, suggesting it may outperform many peers in the long term.

Is ENPH overvalued or undervalued?

ENPH is currently overvalued, with a GF Value™ estimate of $63.46 compared to its current price of $70.28, indicating a potential risk for investors.

What is ENPH's P/E ratio?

ENPH's current P/E ratio is 69.6x, which is below its 5-year median P/E of 74.0x, suggesting that while it is not excessively high historically, it still reflects a premium valuation compared to its intrinsic value.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

It has been about a month since the last earnings report for Enphase Energy (ENPH - Free Report) . Shares have added about 125.3% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Enphase Energy due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important catalysts.

Enphase Energy Q1 Earnings Beat Estimates, Revenues Decline Y/Y

Enphase Energy, Inc. reported first-quarter 2026 adjusted earnings of 47 cents per share, which decreased 30.9% from 68 cents reported in the prior-year quarter. However, the bottom line topped the Zacks Consensus Estimate of 43 cents by 8.2%.

Including one-time adjustments, the company posted a GAAP loss of 6 cents per share against GAAP earnings of 22 cents in the year-ago quarter.

The year-over-year earnings decline can be attributed to lower revenues as well as lower income from operations from the year-ago quarter.

ENPH’s RevenuesEnphase Energy’s first-quarter revenues of $282.9 million missed the Zacks Consensus Estimate of $284 million by 0.2%. The top line also decreased 28.6% from the prior-year quarter’s reported figure of $356.1 million.

The year-over-year plunge was mainly due to weaker sales in the United States.

Enphase Energy’s Operational UpdateThe company’s shipments amounted to approximately 1.41 million microinverters and 103.1 megawatt-hours (MWh) of Enphase IQ Batteries.

The company’s adjusted gross margin decreased 500 basis points year over year to 43.9%.

Adjusted operating expenses dropped 3.1% year over year to $76.9 million.

The adjusted operating income totaled $47.3 million, down 50.1% from the year-ago quarter.

Financial Details of ENPHEnphase Energy had $497.5 million in cash and cash equivalents as of March 31, 2026 compared with $474.3 million as of Dec. 31, 2025.

The net cash flow from operating activities amounted to $102.9 million as of March 31, 2026 compared with $47.6 million as of Dec. 31, 2025.

Q2 2026 Guidance by Enphase EnergyFor the second quarter of 2026, ENPH expects revenues in the range of $280-$310 million. The Zacks Consensus Estimate for second-quarter revenues is pegged at $303.7 million, which is higher than the midpoint of the company’s guided range.

Enphase Energy expects to ship IQ batteries in the range of 100-110 MWh in the second quarter.

Adjusted operating expenses are expected between $75 million and $79 million. This excludes approximately $45 million estimated for stock-based compensation expenses, acquisition-related costs and amortization, as well as restructuring and asset impairment charges.

The adjusted gross margin is expected in the range of 44-47%, excluding stock-based compensation expenses and acquisition-related amortization.

How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a downward trend in fresh estimates.

VGM ScoresCurrently, Enphase Energy has a subpar Growth Score of D, though it is lagging a bit on the Momentum Score front with an F. Following the exact same course, the stock was allocated a score of F on the value side, putting it in the lowest quintile for this investment strategy.

Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Enphase Energy has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

With expense ratios, sector exposure, and risk profiles setting these clean energy ETFs apart, see how their strategies translate to real-world returns.

Enphase Energy (ENPH - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Shares of this solar technology company have returned +53.8% over the past month versus the Zacks S&P 500 composite's +1.9% change. The Zacks Solar industry, to which Enphase Energy belongs, has gained 20.4% over this period. Now the key question is: Where could the stock be headed in the near term?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For the current quarter, Enphase Energy is expected to post earnings of $0.46 per share, indicating a change of -33.3% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.

The consensus earnings estimate of $2.12 for the current fiscal year indicates a year-over-year change of -28.4%. This estimate has remained unchanged over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $2.54 indicates a change of +19.9% from what Enphase Energy is expected to report a year ago. Over the past month, the estimate has remained unchanged.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Enphase Energy.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

In the case of Enphase Energy, the consensus sales estimate of $291.74 million for the current quarter points to a year-over-year change of -19.7%. The $1.23 billion and $1.34 billion estimates for the current and next fiscal years indicate changes of -16.8% and +9.6%, respectively.

Last Reported Results and Surprise HistoryEnphase Energy reported revenues of $282.9 million in the last reported quarter, representing a year-over-year change of -20.6%. EPS of $0.47 for the same period compares with $0.68 a year ago.

Compared to the Zacks Consensus Estimate of $283.56 million, the reported revenues represent a surprise of -0.23%. The EPS surprise was +9.3%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period.

ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Enphase Energy is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Enphase Energy. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

FREMONT, Calif., June 11, 2026 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, today announced the launch of the new IQ9N™ Microinverter for residential solar across key European markets. Built with gallium nitride (GaN) technology, IQ9N Microinverters help enhance energy production from the latest high-power solar panels and are engineered to deliver peak performance over the system’s lifetime, with an industry-leading 97.44% EU weighted efficiency and a 25-year warranty.

IQ9N Microinverters support 16 A of continuous DC current and 427 VA of continuous output power, pairing with today’s premium high-wattage residential solar panels to help maximize energy production from each module. They are backward compatible with IQ7™ and IQ8™ Series Microinverters and compatible with IQ® Batteries, enabling homeowners and installers to expand existing Enphase systems using similar installation methods and accessories. GaN technology enables peak efficiency of up to 97.95%, with cooler operation and optimized performance across conditions.

Enphase’s GaN architecture reduces conduction losses and heat, improves long-term reliability based on engineering and lifecycle testing, maintains peak performance across seasons, and provides capacity to support emerging high-power solar panels. IQ9N Microinverters are engineered to optimize energy from every panel across a wide range of conditions, including partial shading, complex roof layouts, and high-temperature environments.

Like all Enphase microinverters, IQ9N Microinverters convert DC to AC at each panel, eliminating long high-voltage DC runs used in traditional string inverter designs and delivering a safer, all-AC architecture on the roof. Per-panel power conversion also keeps the rest of the system producing even if one panel is shaded, soiled, or offline.

“The Dutch climate throws everything at a rooftop, from flat winter light to long summer days, and IQ9N Microinverters help maximize production through all of it,” said Theo Swinkels, CEO at Swinkels E-tech Groep BV, an installer of Enphase products in the Netherlands. “The GaN architecture helps customers get more from high-power panels, including in low-light conditions, which is exactly what homeowners ask for.”

“French homeowners want to get the most out of every panel, and IQ9N Microinverters let us pair the latest high-power modules with an architecture that captures energy others leave on the roof,” said Basile Bonnel, CEO at Maisolia, an installer of Enphase products in France. “The high efficiency and GaN performance give us greater flexibility to optimize systems.”

“German customers expect engineering they can trust for decades, and IQ9N Microinverters deliver on that standard,” said Dirk Hormann, CEO of Solarwerk Nord GmbH, an installer of Enphase products in Germany. “The GaN architecture runs cooler and holds peak performance season after season, which is exactly the long-term reliability our customers design around.”

IQ9N Microinverters meet rigorous grid compliance standards and are made with a double-insulated, corrosion-resistant polymer housing and an operating temperature range of -40°C to +65°C, engineered to withstand demanding weather conditions. Built-in rapid shutdown capability helps reduce risk to utility workers and first responders. Homeowners can monitor system performance at the panel level, receive real-time alerts, and benefit from over-the-air software updates through the Enphase® App.

“Residential solar customers across Europe expect their systems to perform at the highest level for decades,” said Sabbas Daniel, senior vice president of sales for Europe at Enphase Energy. “IQ9N Microinverters combine our proven distributed architecture with GaN technology and support for the latest panels, giving homeowners one of the most powerful and efficient Enphase microinverters we’ve ever built, with the reliability customers expect from Enphase.”

IQ9N Microinverters are backed by an industry-leading 25-year warranty. Shipments began on June 5, 2026, through Enphase distribution partners, with availability in France, Belgium, the Netherlands, Italy, Spain, Switzerland, the United Kingdom, Germany, and Luxembourg. Enphase expects to expand IQ9N Microinverter availability to additional countries globally in the coming months.

Learn more about IQ9N Microinverters on the Enphase regional websites, and read the technical white paper, “Enphase Adoption of GaN Bi-Directional Switch Technology for Distributed Power Electronics,” for a more detailed view of Enphase’s GaN architecture.

About Enphase Energy, Inc.

Enphase Energy, a global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems, EV chargers, home energy management systems, and virtual power plant (VPP) solutions. Enphase products enable people to harness the sun to make, use, save, and sell their own power, all controlled through the Enphase App. The company revolutionized the solar industry with its microinverter-based technology and has shipped approximately 87.8 million microinverters, with more than 5.2 million Enphase-based systems deployed in over 165 countries. For more information, visit https://enphase.com/.

©2026 Enphase Energy, Inc. All rights reserved. Enphase Energy, Enphase, the “e” logo, IQ, and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks or service marks of Enphase Energy, Inc. Other names are for informational purposes and may be trademarks of their respective owners.

Forward-Looking Statements

This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy’s technology and products, including safety, quality, and reliability; the suitability of IQ9N Microinverters for residential solar applications and the latest high-power residential solar panels; the expected benefits of gallium nitride-based technology; the expected benefits of Enphase’s distributed microinverter architecture; the availability and timing of IQ9N Microinverter shipments across European markets and globally; and the scope and terms of Enphase’s warranty. These forward-looking statements are based on Enphase Energy’s current expectations and assumptions and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties. Such risks include, but are not limited to, market demand; competitive developments; changes in incentive programs and regulatory or compliance requirements; supply chain availability and costs; and other factors discussed in Enphase Energy’s filings with the Securities and Exchange Commission, including those risks described in more detail in Enphase Energy’s most recently filed Annual Report on Form 10-K, Quarterly Report on Form 10-Q, and other filings made from time to time with the Securities and Exchange Commission. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, or changes in its expectations, except as required by law.

Contact:

Enphase Energy
[email protected]

Global Revenue flat and Billings down 1%

North America Local Revenue down 1% and Local Billings up 2%

International Local Revenue up 10% and up 19% excluding Giftcloud

Chicago, Illinois--(Newsfile Corp. - May 7, 2026) - Groupon, Inc. (NASDAQ: GRPN) today announced its financial results for the first quarter ended March 31, 2026. Results and a shareholder letter for the first quarter are posted on Groupon's Investor Relations site (investor.groupon.com). The company has also filed its Form 10-Q with the Securities and Exchange Commission.

"We began 2026 with a refreshed mission, to get people offline through quality local experiences at great value," said Dusan Senkypl, Chief Executive Officer of Groupon. "Groupon is uniquely positioned at the intersection of the AI economy and the millions of local merchants who power Main Street. We are rebuilding Groupon as an AI-native company to operate at the velocity the era of agentic commerce demands and better deliver on our mission, serving both customers and merchants. Q1 results do not yet reflect this work, but the pace of AI adoption across every team gives me confidence in stronger performance ahead."

First Quarter 2026 Highlights

Global Revenue flat and Billings down 1% (3% FX-neutral) year-over-year.

North America Local Revenue down 1% and Local Billings up 2%, driven by strength in our Things to Do offering and paid channels, partially offset by headwinds in our Small Business merchant base, Health Beauty & Wellness, Enterprise channel, and managed and organic channels, as well as adverse weather in January and February.

International Local Revenue up 10% and Local Billings down 3% (12% FX-neutral). Excluding Giftcloud, International Local Billings up 14% and International Local Revenue up 19%, driven by expansion of seasonally relevant Things to Do supply across major markets and improved organic traffic from our new consumer platform.

Active customers grew 5% to 16.2 million, with growth in both North America and International Local categories.

Unit sales were 8.1 million, down 5% year-over-year, driven by softer transaction volume in North America, partially offset by unit growth in International Local.

Net loss from continuing operations was $12.6 million, compared with net income from continuing operations of $8.0 million in the prior year period.

Adjusted EBITDA, a non-GAAP financial measure, was positive $12.8 million, compared with positive $15.3 million in the prior year period.

Operating cash outflow from continuing operations was $10.0 million and free cash flow, a non-GAAP financial measure, was negative $13.5 million

Cash and cash equivalents as of March 31, 2026 were $225.5 million.

During the three months ended March 31, 2026, we repurchased 1.94 million shares of Common Stock for an aggregate purchase price of $21.3 million. Additionally, in April 2026 and through the date of this report, we repurchased an additional 859,860 shares of Common Stock for an aggregate purchase price of $10.1 million.

Project Foundry, our company-wide initiative to transform our operating model by embedding AI agents into the core of every function, is intended to enable the Company to operate with the speed required to succeed in an AI-native world.

Definitions and reconciliations of all non-GAAP financial measures and additional information regarding operating measures are included below in the section titled "Non-GAAP Financial Measures and Operating Metrics" and in the accompanying tables.

2026 Outlook1

For the second quarter and full year 2026, the Company expects:

As of May 07, 2026Q2 2026 Guidance
2026 GuidanceLow-end
High-end
Low-end
High-endBillingsFlat
+2%
+3%
+5%Revenue$126M
$128M
$513M
$523MFlat
+2%
+3%
+5%Adjusted EBITDA$13M
$15M
$70M
$75MFree Cash FlowAt Least $10M
At Least $60M1 We do not provide a reconciliation for non-GAAP estimates on a forward-looking basis where we are unable to provide a meaningful calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing or amount of various items that would impact the most directly comparable forward-looking U.S. GAAP financial measure that have not yet occurred, are out of the Company's control and/or cannot be reasonably predicted. Forward-looking non-GAAP financial measures provided without the most directly comparable U.S. GAAP financial measures may vary materially from the corresponding U.S. GAAP financial measures.

The outlook above reflects management's current expectations for 2026 and includes forward-looking statements regarding the Company's anticipated financial performance and operating priorities. Actual results may differ materially as a result of risks and uncertainties described in Groupon's filings with the Securities and Exchange Commission, including its most recent Form 10-Q and Form 10-K.

For information about our guidance, refer to our earnings commentary that is posted on our investor relations website (investor.groupon.com).

Conference Call

A conference call will be webcast Friday, May 8, 2026 at 7:00 a.m. CT / 8:00 a.m. ET and will be available on Groupon's investor relations website at https://investor.groupon.com. This call will contain forward-looking statements and other material information regarding our financial and operating results.

Groupon encourages investors to use its investor relations website as a way of easily finding information about the company. Groupon promptly makes available on this website, free of charge, the reports that the company files or furnishes with the SEC, corporate governance information (including Groupon's Global Code of Conduct), and select press releases and social media postings. Groupon uses its investor relations website (investor.groupon.com) as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.

About Groupon

Groupon (www.groupon.com) (NASDAQ: GRPN) is a trusted local marketplace where consumers go to buy services and experiences that make life more interesting and deliver boundless value. To find out more about Groupon, please visit press.groupon.com.

Non-GAAP Financial Measures and Operating Metrics

In addition to financial results reported in accordance with U.S. GAAP, we have provided the following non-GAAP financial measures: Foreign currency exchange rate neutral operating results, Adjusted EBITDA, and free cash flow. These non-GAAP financial measures, which are presented on a continuing operations basis, are intended to aid investors in better understanding our current financial performance and prospects for the future as seen through the eyes of management. We believe that these non-GAAP financial measures facilitate comparisons with our historical results and with the results of peer companies who present similar measures (although other companies may define non-GAAP measures differently than we define them, even when similar terms are used to identify such measures). However, these non-GAAP financial measures are not intended to be a substitute for those reported in accordance with U.S. GAAP. For reconciliations of these measures to the most applicable financial measures under U.S. GAAP, see "Non-GAAP Reconciliation Schedules" and "Supplemental Financial and Operating Metrics" included in the tables accompanying this release.

We exclude the following items from one or more of our non-GAAP financial measures:

Stock-based compensation. We exclude stock-based compensation because it is primarily non-cash in nature and we believe that non-GAAP financial measures excluding this item provide meaningful supplemental information about our operating performance and liquidity.

Depreciation and amortization. We exclude depreciation and amortization expenses because they are non-cash in nature and we believe that non-GAAP financial measures excluding these items provide meaningful supplemental information about our operating performance and liquidity.

Income taxes, interest and other non-operating items. Income taxes, interest and other non-operating items include: income taxes, foreign currency gains and losses, loss on extinguishment of exchanged debt, interest income and interest expense. We exclude interest and other non-operating items from certain of our non-GAAP financial measures because we believe that excluding these items provides meaningful supplemental information about our core operating performance and facilitates comparisons to our historical operating results.

Special charges and credits. We exclude special charges and credits included charges related to our Italy Restructuring Plan, 2022 Restructuring Plan and 2020 Restructuring Plan, as well as gain on sale of assets, gain on sale of business, loss on extinguishment of debt and foreign VAT assessments. We exclude special charges and credits from Adjusted EBITDA because we believe that excluding those items provides meaningful supplemental information about our core operating performance and facilitates comparisons with our historical results.

Descriptions of the non-GAAP financial measures included in this release and the accompanying tables are as follows:

Foreign currency exchange rate neutral operating results show current period operating results as if foreign currency exchange rates had remained the same as those in effect in the prior year period. Those measures are intended to facilitate comparisons to our historical performance.

Contribution Profit measures the amount of marketing investment needed to generate revenue and is defined as net revenues less cost of sales and marketing expense.

Adjusted EBITDA is a non-GAAP performance measure that we define as Net income (loss) from continuing operations excluding income taxes, interest and other non-operating items, depreciation and amortization, stock-based compensation and other special charges and credits, including items that are unusual in nature or infrequently occurring. Our definition of Adjusted EBITDA may differ from similar measures used by other companies, even when similar terms are used to identify such measures. Adjusted EBITDA is a key measure used by our management and Board to evaluate operating performance, generate future operating plans and make strategic decisions. Accordingly, we believe that Adjusted EBITDA provides useful information to investors and others in understanding and evaluating our operating results in the same manner as our management and Board. However, Adjusted EBITDA is not intended to be a substitute for Net income (loss) from continuing operations.

Free cash flow is a non-GAAP liquidity measure that comprises Net cash provided by (used in) operating activities from continuing operations less purchases of property and equipment and capitalized software. We use free cash flow to conduct and evaluate our business because, although it is similar to Net cash provided by (used in) from continuing operations, we believe that it typically represents a more useful measure of cash flows because purchases of fixed assets, software developed for internal use and website development costs are necessary components of our ongoing operations. Free cash flow is not intended to represent the total increase or decrease in our cash balance for the applicable period.

Descriptions of the operating metrics included in this release and the accompanying tables are as follows:

Gross billings is the total dollar value of customer purchases of goods and services. Gross billings is presented net of customer refunds, order discounts and sales and related taxes. The substantial majority of our revenue transactions are comprised of sales of vouchers and similar transactions in which we collect the transaction price from the customer and remit a portion of the transaction price to the third-party merchant who will provide the related goods or services. For these transactions, gross billings differs from Revenue reported in our Condensed Consolidated Statements of Operations, which is presented net of the merchant's share of the transaction price. Gross billings is an indicator of our growth and business performance as it measures the dollar volume of transactions generated through our marketplaces. Tracking gross billings also allows us to monitor the percentage of gross billings that we are able to retain after payments to merchants.

Active customers are unique user accounts, identified by a distinct email address, that have made a purchase during the TTM either through one of our online marketplaces or directly with a merchant for which we earned a commission. We consider this metric to be an important indicator of our business performance as it helps us to understand how the number of customers actively purchasing our offerings is trending. Some customers could establish and make purchases from more than one account, so it is possible that our active customer metric may count certain customers more than once in a given period. We do not include consumers who solely make purchases with retailers using digital coupons accessed through our websites or mobile applications in our active customer metric, nor do we include consumers who solely make purchases of our inventory through third-party marketplaces with which we partner.

Units are the number of purchases during the reporting period, before refunds and cancellations, made either through one of our online marketplaces, a third-party marketplace, or directly with a merchant for which we earn a commission. We do not include purchases with retailers using digital coupons accessed through our websites or mobile applications in our units metric. We consider units to be an important indicator of the total volume of business conducted through our marketplaces.

We do not provide a reconciliation for non-GAAP estimates on a forward-looking basis where we are unable to provide a meaningful calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing or amount of various items that would impact the most directly comparable forward-looking U.S. GAAP financial measure that have not yet occurred, are out of the Company's control and/or cannot be reasonably predicted. Forward-looking non-GAAP financial measures provided without the most directly comparable U.S. GAAP financial measures may vary materially from the corresponding U.S. GAAP financial measures.

Note on Forward-Looking Statements

The statements contained in this release that refer to plans and expectations for the next quarter, the full year or the future are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended ("Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended ("Exchange Act"), including statements regarding our future results of operations and financial position, business strategy and plans and our objectives for future operations and future liquidity. The words "may," "will," "should," "could," "expect," "anticipate," "believe," "estimate," "intend," "continue" and other similar expressions are intended to identify forward-looking statements. We have based these forward-looking statements largely on current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs. These forward-looking statements involve risks and uncertainties that could cause our actual results to differ materially from those expressed or implied in our forward-looking statements. Such risks and uncertainties include, but are not limited to, our ability to execute and achieve the expected benefits of our go-forward strategy, including our broader AI-native transformation; the risk that the anticipated benefits of our AI strategy may not be realized in the time frame we expect or at all and may have adverse effects on our operations, merchants and customers; the risk that our public statements regarding our AI strategy and deployment of AI agents are not adequately substantiated or are later viewed as inconsistent with our actual capabilities or results; execution of our business and marketing strategies; volatility in our operating results; challenges arising from our international operations, including fluctuations in currency exchange rates, tax, legal and regulatory developments in the jurisdictions in which we operate and geopolitical instability; global economic uncertainty, including as a result of inflationary pressures; any impact from U.S. and international financial reform legislation and regulations, and any potential trade protection measures, such as new or incremental tariffs and other trade policies; retaining and adding high quality merchants and third-party business partners; retaining existing customers and adding new customers; competing successfully in our industry; providing a strong mobile experience for our customers; managing refund risks; retaining and attracting members of our executive and management teams and other qualified employees and personnel; customer and merchant fraud; payment-related risks; our reliance on email, Internet search engines and mobile application marketplaces to drive traffic to our marketplace; cybersecurity breaches; maintaining and improving our information technology infrastructure; reliance on cloud-based computing platforms; the risks associated with our use and integration of AI and machine learning technologies; completing and realizing the anticipated benefits from acquisitions, dispositions, joint ventures and strategic investments; lack of control over minority investments; managing inventory and order fulfillment risks; claims related to product and service offerings; protecting our intellectual property; maintaining a strong brand; the impact of future and pending litigation; compliance with domestic and foreign laws and regulations, including the CARD Act, GDPR, CPRA, and other privacy-related laws and regulations of the Internet and e-commerce; classification of our independent contractors, agency workers, or employees; risks relating to information or content published or made available on our websites or service offerings we make available; exposure to greater than anticipated tax liabilities; adoption of tax laws; our ability to use our tax attributes; impacts if we become subject to the Bank Secrecy Act or other anti-money laundering or money transmission laws or regulations; our ability to raise capital if necessary; risks related to our access to capital and outstanding indebtedness, including our 2027 Notes and 2030 Notes; our Common Stock, including volatility in our stock price and financial markets; a potential economic slowdown; and those risks and other factors discussed in Part I, Item 1A. Risk Factors of our Annual Report on Form 10-K for the year ended December 31, 2025 and Part II, Item 1A. Risk Factors on our Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, as well as in our Condensed Consolidated Financial Statements, related notes, and the other financial information appearing elsewhere in this report and our other filings with the SEC. Moreover, we operate in a very competitive and rapidly changing environment, including with respect to emerging technologies such as AI, machine learning, and data analytics. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we make. Neither the Company nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. We undertake no obligation to publicly update any forward-looking statements for any reason after the date of this report to conform these statements to actual results or to future events or circumstances. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements.

As used herein, "Groupon," "the Company," "we," "our," "us" and similar terms include Groupon, Inc. and its subsidiaries, unless the context indicates otherwise.

Groupon, Inc.
Non-GAAP Reconciliation Schedules
(in thousands, except share and per share amounts)
(unaudited)

The following is a quarterly reconciliation of Adjusted EBITDA to the most comparable U.S. GAAP performance measure, Net income (loss) from continuing operations:

Q1 2025
 
Q2 2025
 
Q3 2025
 
Q4 2025
 
Q1 2026
Income (loss) from continuing operations$8,027
 $20,593
 $(117,782) $8,081
 $(12,589)Adjustments:
 
 
 
 
 
 
 
 
 
Stock-based compensation
7,694
 
8,782
 
11,109
 
10,189
 
11,911
Depreciation and amortization
5,611
 
4,423
 
4,301
 
4,267
 
4,191
Restructuring and related charges (credits)
137
 
(46) 
(64) 
(61) 
7
(Gain) on sale of business
-
 
(10,650) 
-
 
-
 
-
Loss on extinguishment of debt
-
 
-
 
99,925
 
-
 
-
Other (income) expense, net
(7,571) 
(18,466) 
(1,197) 
(3,595) 
4,371
Provision (benefit) for income taxes
1,428
 
10,927
 
21,248
 
2,022
 
4,899
Total adjustments
7,299
 
(5,030) 
135,322
 
12,822
 
25,379
Adjusted EBITDA$15,326
 $15,563
 $17,540
 $20,903
 $12,790
Free cash flow is a non-GAAP liquidity measure. The following is a reconciliation of free cash flow to the most comparable U.S. GAAP liquidity measure, Net cash provided by (used in) operating activities from continuing operations.

Q1 2025
 
Q2 2025
 
Q3 2025
 
Q4 2025
 
Q1 2026
Net cash provided by (used in) operating activities from continuing operations$(22) $28,419
 $(20,506) $56,607
 $(9,958)Purchases of property and equipment and capitalized software from continuing operations
(3,737) 
(3,230) 
(4,082) 
(3,575) 
(3,559)Free cash flow$(3,759) $25,189
 $(24,588) $53,032
 $(13,517)

 
 
 
 
 
 
 
 
 
Net cash provided by (used in) investing activities from continuing operations$(3,737) $10,761
 $(3,024) $2,423
 $(3,559)Net cash provided by (used in) financing activities$(454) $(2,684) $(3,275) $(1,097) $(55,669)

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/296418

Source: Groupon

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Groupon (GRPN - Free Report) reported $117.2 million in revenue for the quarter ended March 2026, representing no change year over year. EPS of -$0.32 for the same period compares to $0.18 a year ago.

The reported revenue represents a surprise of -0.05% over the Zacks Consensus Estimate of $117.26 million. With the consensus EPS estimate being -$0.02, the EPS surprise was -1273.39%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Groupon performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Geographic Revenue- North America: $89.91 million versus $91.66 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -1.3% change.Geographic Revenue- International: $27.29 million compared to the $26.11 million average estimate based on two analysts. The reported number represents a change of +4.7% year over year.Geographic Revenue- North America- Local: $85.54 million versus $87.7 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -0.5% change.Geographic Revenue- International- Goods: $1.58 million versus $2.05 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -30% change.Geographic Revenue- North America- Goods: $0.89 million versus the two-analyst average estimate of $0.55 million. The reported number represents a year-over-year change of -40.9%.Geographic Revenue- International- Local: $24.6 million versus the two-analyst average estimate of $23.02 million. The reported number represents a year-over-year change of +9.7%.Geographic Revenue- International- Travel: $1.11 million compared to the $1.1 million average estimate based on two analysts. The reported number represents a change of -20.6% year over year.Geographic Revenue- North America- Travel: $3.48 million versus the two-analyst average estimate of $3.41 million. The reported number represents a year-over-year change of -4.8%.View all Key Company Metrics for Groupon here>>>

Shares of Groupon have returned +32.4% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

Groupon, Inc. (GRPN) Q1 2026 Earnings Call Transcript

Groupon (GRPN - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Shares of this online daily deal service have returned +49.9% over the past month versus the Zacks S&P 500 composite's +9.1% change. The Zacks Internet - Commerce industry, to which Groupon belongs, has gained 15.3% over this period. Now the key question is: Where could the stock be headed in the near term?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Revisions to Earnings EstimatesRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

Groupon is expected to post earnings of $0.04 per share for the current quarter, representing a year-over-year change of -91.3%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.

The consensus earnings estimate of $0.28 for the current fiscal year indicates a year-over-year change of +113.6%. This estimate has remained unchanged over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $0.76 indicates a change of +172.6% from what Groupon is expected to report a year ago. Over the past month, the estimate has remained unchanged.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #4 (Sell) for Groupon.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

For Groupon, the consensus sales estimate for the current quarter of $128.77 million indicates a year-over-year change of +2.4%. For the current and next fiscal years, $514.72 million and $559.66 million estimates indicate +3.3% and +8.7% changes, respectively.

Last Reported Results and Surprise HistoryGroupon reported revenues of $117.2 million in the last reported quarter, representing no change year over year. EPS of -$0.32 for the same period compares with $0.18 a year ago.

Compared to the Zacks Consensus Estimate of $117.26 million, the reported revenues represent a surprise of -0.05%. The EPS surprise was -1500%.

Over the last four quarters, the company surpassed EPS estimates just once. The company topped consensus revenue estimates two times over this period.

ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.

Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Groupon is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Groupon. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.

Groupon (GRPN - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Over the past month, shares of this online daily deal service have returned +24.6%, compared to the Zacks S&P 500 composite's +5.5% change. During this period, the Zacks Internet - Commerce industry, which Groupon falls in, has gained 3.6%. The key question now is: What could be the stock's future direction?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For the current quarter, Groupon is expected to post earnings of $0.04 per share, indicating a change of -91.3% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.

For the current fiscal year, the consensus earnings estimate of $0.28 points to a change of +113.6% from the prior year. Over the last 30 days, this estimate has remained unchanged.

For the next fiscal year, the consensus earnings estimate of $0.76 indicates a change of +172.6% from what Groupon is expected to report a year ago. Over the past month, the estimate has remained unchanged.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #4 (Sell) for Groupon.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

For Groupon, the consensus sales estimate for the current quarter of $127.44 million indicates a year-over-year change of +1.4%. For the current and next fiscal years, $519.21 million and $564.51 million estimates indicate +4.2% and +8.7% changes, respectively.

Last Reported Results and Surprise HistoryGroupon reported revenues of $117.2 million in the last reported quarter, representing no change year over year. EPS of -$0.32 for the same period compares with $0.18 a year ago.

Compared to the Zacks Consensus Estimate of $117.26 million, the reported revenues represent a surprise of -0.05%. The EPS surprise was -1500%.

Over the last four quarters, the company surpassed EPS estimates just once. The company topped consensus revenue estimates two times over this period.

ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.

Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Groupon is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Groupon. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.

 | 

Groupon plans to eliminate 400 positions globally as it rebuilds itself as an artificial intelligence (AI)-native company.

The positions eliminated as part of the firm’s restructuring plan will include both employees and contractors, and the cuts will occur by the end of the third quarter, Groupon said in a Monday (May 26) current report filing with the Securities and Exchange Commission (SEC).

Groupon said in the filing that the restructuring plan approved Thursday (May 21) by the company’s board of directors relates to the company’s “previously announced strategy to rebuild the Company as an AI-native company and better deliver on our mission, serving both customers and merchants.”

The company expects to incur pre-tax charges of $7 million to $13 in connection with the restructuring, and it expects the payroll actions to deliver annualized cost savings of $20 million to $25 million, according to the filing.

With the $10 million to $12 million of gross savings it expects to realize in 2026, Groupon intends to reinvest as much as half of the savings in marketing, AI infrastructure and talent density, per the filing.

“As part of this restructuring plan, the Company is currently evaluating additional material cost-reduction and automation actions related to Project Foundry, which would be subject to Board approval,” Groupon said in the filing. “The Company expects any such actions would be completed by the end of 2027.”

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Project Foundry is an initiative in which Groupon is embedding AI agents into the core of every function across the company, enabling it to “operate with the speed required to succeed in an AI-native world,” the company said in a May 7 earnings release.

Groupon CEO Dusan Senkypl said in the release that every team across the company was adopting AI, but that the company’s first quarter results did not yet reflect that work.

Groupon eliminated 500 jobs in January 2023, saying that it was in the midst of a restructuring plan that was approved by its board of directors that month as well as a cost savings plan that was announced in August 2022.

Groupon also reported in the filing that its chief operating officer, Jiri Ponrt, notified the company Thursday that he will resign from the company effective July 10.

Another tech company has announced that it will lay off a significant number of workers in an effort to become “AI-native.”

This time around, it’s Groupon, the legacy discount e-commerce platform that rose to prominence in the early 2010s. Here’s what you need to know about Groupon’s layoffs and its “Project Foundry” AI plans.

What’s happened?Last Thursday, the board of Groupon, Inc. (Nasdaq: GRPN) approved a restructuring plan that will see mass layoffs at the company. This information comes from a Form 8-K filing filed with the U.S. Securities and Exchange Commission (SEC) on May 21.

In the filing, Groupon revealed it will reduce “up to 400 positions globally.” Those positions include both employees and contractors, and the cuts are expected to happen by the end of Groupon’s Q3 2026.

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The company is currently in its fiscal Q2 2026, which ends on June 30. Groupon’s fiscal Q3 runs from July 1 to September 30, which means the workforce reductions should occur by October.

In a Schedule 14A Proxy Statement filed with the SEC on April 28, Groupon revealed that it had approximately 1,734 employees, which included “full-time, part-time, seasonal and temporary employees.” Groupon said that the figure excluded independent contractors.

It is unknown how many contractors are included in the workforce reductions of up to 400 individuals. If the layoffs were to encompass only the company’s employees, they would represent roughly 23% of its employed workforce. 

Explore TopicsAIautomationgrouponjob markettech layoffs

On May 29, 2026, Groupon Inc GRPN shares fell 4.8% to a current price of $20.23. The stock has fluctuated significantly over the past year, with a 52-week range between $9.17 and $43.08. This recent move adds to a volatile history, showcasing the challenges the company faces in maintaining investor confidence.

GF Value™ verdict: The current price is $20.23, while GF Value™ estimates fair value at $11.05, indicating the stock is 83.1% overvalued.GF Score™: Groupon holds a score of 49/100, suggesting average performance across key metrics.Most notable signal: There have been no insider transactions in the last 3 months, reflecting a lack of insider confidence in the current valuation. Is GRPN Overvalued or Undervalued? Groupon's current price of $20.23 is significantly above the GF Value™ of $11.05, indicating that the stock is overvalued by 83.1%. This substantial difference suggests that there may be limited margin of safety for potential investors. Given that GF Valuation labels the stock as "Significantly Overvalued," the risks associated with the current price could outweigh any potential short-term gains. In this scenario, investors may want to exercise caution, as overvaluation can lead to price corrections in the future.

GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. The significant gap between the current market price and GF Value™ raises concerns about the sustainability of Groupon's price in the face of potential market reevaluation.

How Does GRPN's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 504.5x 8.3x As observed, Groupon's current P/E ratio of 504.5x is drastically higher than its 5-year median P/E of 8.3x. This suggests that the stock is trading well above its historical valuation levels. The P/E analysis aligns with the GF Value™ verdict, further confirming that GRPN is overvalued at this time.

What Does GRPN's GF Score™ Tell Us? Metric Rating GF Score™ 49 Financial Strength 3/10 Profitability 3/10 Growth 3/10 Valuation 1/10 Momentum 6/10 The GF Score™ of 49/100 indicates that Groupon is performing at an average level compared to its peers. The strongest area is Momentum, with a rating of 6/10, suggesting that the stock has experienced positive short-term price movements. However, the weakest areas are Valuation, Financial Strength, Profitability, and Growth, all rated at 3/10 or lower. This indicates significant challenges in these key aspects, which could hinder long-term performance.

What Are Insiders Doing with GRPN Stock? In the last three months, there have been no insider transactions reported for Groupon Inc. This lack of activity may suggest that insiders do not have confidence in the stock's current valuation or future performance. Typically, insider buying can indicate confidence in the company's prospects, while selling may signal the opposite. The absence of such transactions raises questions about the outlook for GRPN.

What This Means for Investors Based on the GF Value™ assessment, Groupon Inc GRPN is currently considered overvalued. The significant gap between the current price and the estimated fair value suggests potential risks for investors. Caution is advised when considering an investment in GRPN at this time.

For the complete analysis, visit the Groupon Inc GRPN stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is GRPN's GF Score™?

GRPN's GF Score™ is 49/100, indicating average performance across key metrics, suggesting that there is room for improvement in various areas.

Is GRPN overvalued or undervalued?

GRPN is currently overvalued, with a GF Value™ of $11.05 compared to its market price of $20.23, indicating an 83.1% overvaluation.

What is GRPN's P/E ratio?

GRPN's current P/E ratio is 504.5x, which is significantly higher than its 5-year median P/E of 8.3x, reflecting a substantial overvaluation.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Chicago, Illinois--(Newsfile Corp. - June 8, 2026) - Groupon (NASDAQ: GRPN) today announced the appointment of Aditya Rajkumar as Chief Operating Officer. Rajkumar joins the company effective August 3, 2026, and will report to Chief Executive Officer Dusan Senkypl, overseeing Groupon's marketplace and merchant operations.

"Adi brings exactly the operating discipline and marketplace experience this stage of our transformation calls for," said Senkypl. "He pairs a strong bias for action with a structured, hands-on approach, and he moves at a pace that pulls an organization forward. The last decade has proved that a new generation of local marketplaces can win at real scale: serving customers at the level of a neighborhood while running with the efficiency of a global platform. That is an organizational capability built through culture, teams, and operating processes, and very few people have done it. Adi has spent his career building exactly that, and it is what this next phase of Groupon requires as we move into the era of agentic commerce."

"Groupon sits at the intersection of consumer intent and local supply, with a brand people know and a marketplace with real room to grow," said Rajkumar. "Throughout my career, I've been drawn to missions that support local businesses. At DoorDash, it was about empowering local economies through e-commerce and delivery. At Groupon, it's about putting customers first: helping people discover and enjoy the best of their cities at great value, while giving the local businesses they love a partner that helps them reach new customers and grow. What drew me here is the chance to pair that mission with intense operating rigor, and to help build the bridge between the AI economy and local merchants. I'm excited to get to work with the team Dusan has built."

Rajkumar joins Groupon from 7-Eleven, where he most recently led Skipcart and last-mile operations as Vice President, Last Mile, running delivery and last-mile operations across one of the largest global convenience retail networks. Before that, he spent more than four years at DoorDash in senior P&L and operating roles, most recently as General Manager of Caviar and Premium. Earlier in his career, he was a Senior Manager in Deloitte's M&A Strategy & Operations practice, advising clients across energy, industrials and manufacturing.

"Adi has spent his career turning complex operations into measurable outcomes, better customer experiences, stronger merchant performance, and execution at scale," added Senkypl. "That is the operating standard we are holding ourselves to as we execute against our transformation priorities. I couldn't be more excited to welcome Adi to the team, and I wish him every success as we build Groupon's next chapter together."

About Groupon

Groupon (NASDAQ: GRPN) is an experiences marketplace that connects consumer intent with local supply, getting people offline and into quality local experiences and services at great value, while connecting merchants with new customers. Learn more at www.groupon.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act, including statements regarding our future results of operations and financial position, business strategy and plans and our objectives for future operations and future liquidity. The words "may," "will," "should," "could," "expect," "anticipate," "believe," "estimate," "intend," "continue" and other similar expressions are intended to identify forward-looking statements. We have based these forward-looking statements largely on current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs. These forward-looking statements involve risks and uncertainties that could cause our actual results to differ materially from those expressed or implied in our forward-looking statements. Such risks and uncertainties include, but are not limited to, our ability to execute and achieve the expected benefits of our go-forward strategy, including our broader AI-native transformation; the risk that the anticipated benefits of our AI strategy may not be realized in the time frame we expect or at all and may have adverse effects on our operations, merchants and customers; the risk that our public statements regarding our AI strategy and deployment of AI agents are not adequately substantiated or are later viewed as inconsistent with our actual capabilities or results; execution of our business and marketing strategies; volatility in our operating results; challenges arising from our international operations, including fluctuations in currency exchange rates, tax, legal and regulatory developments in the jurisdictions in which we operate and geopolitical instability; global economic uncertainty, including as a result of inflationary pressures; any impact from U.S. and international financial reform legislation and regulations, and any potential trade protection measures, such as new or incremental tariffs and other trade policies; retaining and adding high quality merchants and third-party business partners; retaining existing customers and adding new customers; competing successfully in our industry; providing a strong mobile experience for our customers; managing refund risks; retaining and attracting members of our executive and management teams and other qualified employees and personnel; customer and merchant fraud; payment-related risks; our reliance on email, Internet search engines and mobile application marketplaces to drive traffic to our marketplace; cybersecurity breaches; maintaining and improving our information technology infrastructure; reliance on cloud-based computing platforms; the risks associated with our use and integration of AI and machine learning technologies; completing and realizing the anticipated benefits from acquisitions, dispositions, joint ventures and strategic investments; lack of control over minority investments; managing inventory and order fulfillment risks; claims related to product and service offerings; protecting our intellectual property; maintaining a strong brand; the impact of future and pending litigation; compliance with domestic and foreign laws and regulations, including the CARD Act, GDPR, CPRA, and other privacy-related laws and regulations of the Internet and e-commerce; classification of our independent contractors, agency workers, or employees; risks relating to information or content published or made available on our websites or service offerings we make available; exposure to greater than anticipated tax liabilities; adoption of tax laws; our ability to use our tax attributes; impacts if we become subject to the Bank Secrecy Act or other anti-money laundering or money transmission laws or regulations; our ability to raise capital if necessary; risks related to our access to capital and outstanding indebtedness, including our 2027 Notes and 2030 Notes; our Common Stock, including volatility in our stock price and financial markets; a potential economic slowdown; and those risks and other factors discussed in Part I, Item 1A. Risk Factors of our Annual Report on Form 10-K for the year ended December 31, 2025 and Part II, Item 1A. Risk Factors on our Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, as well as in our other filings with the SEC. Moreover, we operate in a very competitive and rapidly changing environment, including with respect to emerging technologies such as AI, machine learning, and data analytics. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we make. Neither the Company nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. We undertake no obligation to publicly update any forward-looking statements for any reason after the date of this press release to conform these statements to actual results or to future events or circumstances. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300381

Source: Groupon

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Posted by Defense World Staff on Apr 15th, 2026

BCS Wealth Management boosted its stake in shares of Royal Gold, Inc. (NASDAQ:RGLD – Free Report) (TSE:RGL) by 89.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,286 shares of the basic materials company’s stock after purchasing an additional 19,478 shares during the quarter. BCS Wealth Management’s holdings in Royal Gold were worth $9,178,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. SG Americas Securities LLC boosted its position in shares of Royal Gold by 52.8% in the fourth quarter. SG Americas Securities LLC now owns 17,671 shares of the basic materials company’s stock valued at $3,928,000 after acquiring an additional 6,109 shares during the period. Louisbourg Investments Inc. bought a new stake in shares of Royal Gold in the fourth quarter valued at about $3,938,000. Prospera Financial Services Inc bought a new stake in shares of Royal Gold in the third quarter valued at about $1,068,000. Financiere des Professionnels Fonds d investissement inc. boosted its position in shares of Royal Gold by 275.8% in the third quarter. Financiere des Professionnels Fonds d investissement inc. now owns 6,656 shares of the basic materials company’s stock valued at $1,335,000 after acquiring an additional 4,885 shares during the period. Finally, Ruffer LLP bought a new stake in shares of Royal Gold in the third quarter valued at about $16,636,000. 83.65% of the stock is owned by institutional investors.

Insider Activity at Royal Gold In related news, Director Mark Isto sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $274.83, for a total value of $549,660.00. Following the sale, the director directly owned 20,043 shares in the company, valued at $5,508,417.69. This represents a 9.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director William M. Hayes sold 4,173 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $277.07, for a total value of $1,156,213.11. Following the completion of the sale, the director owned 6,129 shares in the company, valued at $1,698,162.03. The trade was a 40.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 7,573 shares of company stock worth $2,127,091 over the last ninety days. Insiders own 0.49% of the company’s stock.

Analysts Set New Price Targets A number of research analysts recently commented on the company. Scotiabank downgraded Royal Gold from a “sector outperform” rating to a “sector perform” rating and set a $335.00 price target for the company. in a research note on Monday, January 26th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Royal Gold in a research note on Thursday, January 22nd. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating and issued a $330.00 price target on shares of Royal Gold in a research note on Wednesday, February 4th. Finally, Zacks Research downgraded Royal Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 17th. Six equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $260.56.

Get Our Latest Report on RGLD

Royal Gold Stock Performance Royal Gold stock opened at $271.52 on Wednesday. The business has a 50 day moving average of $266.38 and a 200-day moving average of $233.41. Royal Gold, Inc. has a 1 year low of $150.75 and a 1 year high of $306.25. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.12 and a quick ratio of 2.91. The company has a market capitalization of $23.04 billion, a P/E ratio of 39.87, a P/E/G ratio of 1.59 and a beta of 0.55.

Royal Gold (NASDAQ:RGLD – Get Free Report) (TSE:RGL) last released its quarterly earnings data on Wednesday, February 18th. The basic materials company reported $1.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.68 by ($0.76). Royal Gold had a net margin of 45.26% and a return on equity of 11.89%. The firm had revenue of $310.83 million during the quarter, compared to analyst estimates of $425.47 million. During the same period in the prior year, the company earned $1.63 EPS. The business’s quarterly revenue was up 85.2% compared to the same quarter last year. On average, equities research analysts predict that Royal Gold, Inc. will post 6.2 earnings per share for the current year.

Royal Gold Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Thursday, April 16th. Investors of record on Thursday, April 2nd will be issued a $0.475 dividend. The ex-dividend date is Thursday, April 2nd. This represents a $1.90 annualized dividend and a yield of 0.7%. Royal Gold’s dividend payout ratio is presently 27.90%.

Royal Gold Profile (Free Report)

Royal Gold, Inc, headquartered in Denver, Colorado, is a leading precious metals streaming and royalty company. Through its business model, Royal Gold provides upfront financing to mining operators in exchange for the right to purchase a percentage of future metal production at predetermined prices. This structure allows the company to participate in production upside while minimizing exposure to the operating and capital-intensive aspects of mine ownership.

The company’s portfolio encompasses interests in over 200 streams and royalties on projects across North America, South America, Europe, Africa and Australia.

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